Planning to Buy a Home in 2025? Start Taking These Steps Now!

If purchasing a home in 2025 is one of your goals, now is the perfect time to begin planning and setting yourself up for success. As local real estate agents in Olympia, Washington, we’ve guided many buyers through the process and know how critical preparation is. Here are some actionable steps you can take today to move closer to homeownership in 2025.

1. Assess Your Finances

The first step in buying a home is understanding your financial position. Take time to:

Review your credit score: A strong credit score can help you secure a better mortgage rate. If your score needs improvement, focus on paying down debt and correcting any errors on your credit report.
Build your savings: You’ll need funds for a down payment, closing costs, and moving expenses. Start saving a portion of your income each month to build a cushion.
Calculate your budget: Use online mortgage calculators to estimate how much home you can afford based on your current income and savings.

2. Research the Market

The real estate market can shift quickly, so staying informed is essential. Begin researching:

Local market trends: Look into the housing market in your desired area. Are prices rising or stabilizing? Knowing the market helps set realistic expectations.
Neighborhoods: Consider factors like commute times, schools, amenities, and lifestyle. Olympia and Thurston County have a variety of options to explore, from suburban neighborhoods to rural settings.

3. Get Pre-Approved for a Mortgage

A mortgage pre-approval shows sellers you’re serious and helps you understand how much you can borrow. To prepare:

Gather financial documents, including tax returns, pay stubs, and bank statements.
Research different lenders to find competitive rates.

4. Partner with a Real Estate Agent

Having a knowledgeable real estate agent on your side is invaluable. We can help you:

Identify homes that meet your needs and budget.
Navigate the buying process with confidence.
Provide insights on the local market and negotiate on your behalf.

5. Prioritize Your Needs and Wants

Create a list of must-haves and nice-to-haves for your future home. Think about:

Number of bedrooms and bathrooms.
Features like a yard, garage, or home office.
Proximity to work, schools, and recreation.

6. Stay Flexible and Patient

Buying a home is a significant milestone, but it’s also a process that takes time. Be prepared for some competition and remain flexible with your timeline and options.

Ready to Start Your Homebuying Journey?

As local experts in Olympia and the greater Thurston County area, we’re here to help you every step of the way. Whether you’re a first-time homebuyer or looking to upgrade, we can provide the guidance and resources you need to achieve your goals.

Mel & Zack Durham

EXP Realty | PNW Homes Group

360.481.2073

melandzack@pnwhomesgroup.com

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